STX 2.63% 19.5¢ strike energy limited

Let's get a show at Booth before we get too excited. 2U at Booth...

  1. 9,457 Posts.
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    Let's get a show at Booth before we get too excited. 2U at Booth is approx 280Bcf, plus it has history as an oil producing region, so STX's 25% is worth a bit if they achieved that type of result. Usual rules apply, make a discovery, get a good flow result, articulate a path to production (tolling via Waitsia or proposed LD facility would be most likely IMO) before accurate understanding of the impact on the SP.
 
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